227-229 Carroll Street, Hammond, IN 46320
$1,110,000
Property Type:
Residential Income
Bedrooms:
15
Baths:
15
Square Footage:
14,904
Lot Size (sq. ft.):
13,634
Status:
Closed
Current Price:
$1,110,000
List Date:
10/10/2022
Last Modified:
2/23/2024
Overview
Description
Listing Details MLS# 521096
General Property Information
- Number Of Units Total
- 15
- Bedrooms Total
- 15
- Bathrooms Full
- 15
- Rooms Total
- 70
- Bathrooms Total
- 15
- Living Area
- 14904
- Living Area Source
- Assessor
- Year Built
- 1930
- Parking Total
- 16
- Lot Size Acres
- 0.313
- Lot Size Square Feet
- 13634
- Lot Size Dimensions
- 110X124
- Basement YN
- No
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
Property Features
Appliances:
Range; Refrigerator
Construction Materials:
Brick
Cooling:
None
Flooring:
Carpet; Linoleum
Heating:
Electric; Individual; Unit Control
Interior Features:
Elevator
Lease Type:
Net
Listing Terms:
Cash; Conventional
Other Equipment:
None
Owner Pays:
Electricity; Gas; Sewer; Water
Parking Features:
Off Street; None
Possession:
Close Of Escrow; Rental Agreement; Subject To Tenant Rights
Rent Includes:
Trash Collection; Water
Road Surface Type:
Gravel
Tenant Pays:
Electricity; Gas
Utilities:
Electricity Available; Natural Gas Available; Sewer Available
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 995000
- Lease Term
- Month To Month
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 227-229
- Street Name
- Carroll
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46320
- Subdivision Name
- Towle & Youngs Add
Remarks and Miscellaneous
- Public Remarks
- GREAT ALL BRICK 15 UNIT BUILDING WITH LOT ON THE SIDE FOR PARKING. THE LOT WAS PREPARED FOR BLACKTOP IN 2021. OWNER HAS DONE A LOT OF UPDATES WITH IN THE PAST 10 YEARS. ALL APARTMENTS ARE OF GREAT SIZE AND CAN MAYBE BE TURNED INTO TWO BEDROOMS. THEY ALL HAVE LIVING ROOM, KITCHEN/EATING/DINING AREA, SITTING AREA, BEDROOM AND BATHROOM. THE CONSTRUCTION IS SOLID AND BUILT WELL. ELECTRIC WAS UPDATED WITH IN THE PAST 10 YEARS, EACH APARTMENT PAYS THERE HEAT, ELECTRIC, AND GAS. SELLER PROVIDES THE HOT WATER. LAUNDRY AREA ON 1ST FLOOR. RUBBER ROOF WITH IN THE PAST 10 YEARS, BUILDING TUCKPOINTING WITH IN THE PAST 15 YEARS. THE RENTS ARE LOW, RENTS CAN BE HIGHER. THIS IS A ESTATE SALE PLEASE ALLOW TIME FOR BENEFICIARY TO RESPOND TO OFFERS. PROPERTY IS BEING SOLD IN AS-IS'' CONDITIONS.
Status Change Information
- Major Change Timestamp
- 2022-11-23T22:26:17Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-11-23
- Offer Acceptance Date
- 2022-10-17
- Close Date
- 2022-11-23
- Close Price
- 1110000
- Concessions
- Yes
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- N
Frontage Type
- Frontage Length
- 110
Income and Expenses
- Electric Expense
- 2760
- Expense Year
- 2021
- Gross Income
- 2400
- Gross Scheduled Income
- 61140
- Insurance Expense
- 4931
- Net Operating Income
- 37282
- New Taxes Expense
- 9354
- Total Actual Rent
- 58740
- Trash Expense
- 1667
- Water Expense
- 2386
- Maintenance Expense
- 0
- Manager Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
Unit Details
- Number Of One Bedroom Units
- 15
Unit 1
- Unit Description
- FRONT APARTMENTS
- Unit Number
- Yes
- Identical Units
- 8
- Rent
- 650
- # Of Rooms
- Yes
- Square Feet
- 0
Unit 2
- Unit Description
- REAR APARTMENTS
- Unit Number
- 2
- Identical Units
- 6
- Rent
- 650
- # Of Rooms
- Yes
- Square Feet
- 0
Unit 3
- Unit Description
- APARTMENT #1
- Unit Number
- 3
- Identical Units
- Yes
- # Of Rooms
- Yes
- Square Feet
- 0
- Rent
- 0
Showing Requirements
- Showing Instructions
- 24 HOURS NOTICE TO SHOW. LISTING AGENT WILL ACCOMPANY.
Historical Information
- Public Historical Remarks
- Array, Lease Type: Net
Location, Tax, and Legal
- Tax Assessed Value
- 0
- Tax Legal Description
- Legal Description: TOWLE & YOUNG'S ADD BL.7 W.10FT OF LOT 28 ALL LOTS 29&30
- Parcel Number
- 450236383020000023
- Township
- North
- Directions
- HOHMAN AVENUE TO WILLIAMS STREET EAST, TO LYMAN AVENUE SOUTH TO CARROLL AND WEST TO PROPERTY.
Appliances
- Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Brick
- Yes
Cooling
- None
- Yes
Flooring
- Carpet
- Yes
- Linoleum
- Yes
Heating
- Electric
- Yes
- Individual
- Yes
- Unit Control
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- Lock Box Serial Number
- No
Other Equipment
- None
- Yes
Parking Features
- Off Street
- Yes
- None
- Yes
Possession
- Close Of Escrow
- Yes
- Rental Agreement
- Yes
- Subject To Tenant Rights
- Yes
Road Surface Type
- Gravel
- Yes
Utilities
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Lease Type
- Net
- Yes
Owner Pays
- Electricity
- Yes
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
Rent Includes
- Trash Collection
- Yes
- Water
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
Listing Office:
G & R Realty, Inc.
Last Updated: February - 23 - 2024
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